Standard and Poor's (S&P ) international rating agency confirmed credit rating of Azerbaijan's 3 banks – Kapital Bank, PASHA Bank and Mughanbank, S&P told APA-Economics.
Standard and Poor's rated the basic rating of all three banks as b+. The forecast for the ratings of the mentioned banks was kept stable.
Note that S&P announced that the median rating of Central Asian and Caucasian banks is at the level of B+.